Factoring is the transaction in which a factor (funding company) purchases invoices that a client company has issued to its customers, and on which it has rights to payment by its customers. An invoice is often payable after a period of time (e.g., 30, 60 or 90 days). The factor buys the invoices from the client company at a discount from their face value, providing immediate funds to the client company. The factor then has the right to collect full payment from the client company's customers.
Capital MatchTMhas relationships with multiple factoring companies, offering a variety of terms and focusing on a variety of industries.
